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Peninsula International – hybrid financing
23 March 2009
Keeping the wheels of trade well oiled
Read more:
Euler Hermes
RZ Advogados
Peninsula International
Brazil
CCC Machinery
hybrid financing
agri
In early 2008, Germany's Euler Hermes introduced the Revolving Buyer's Credit Cover scheme. This framework and initial transaction arranged by WestLB for Hamburg-based CCC Machinery (CCCM) involving exports to Brazil, was the first ECA-covered short-term revolving buyer's credit under that policy – a deal which effectively opened a new chapter in the history of trade and export finance in the country. What emanates from this is a hybrid financing structure...
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